Senate Banking Committee Chairman D'Amato pledged to try and bring financial reform legislation to a vote soon. Page 2


A House subcommittee approved legislation that would let the USDA guarantee loans made to farmers with past credit troubles. Page 7


Charter One's chairman says he would consider making another big acquisition this year, but only because he expects year-2000 adjustments to keep the Cleveland thrift out of the market for much of 1999. Page 8


Banks have moved steadily up the mergers and acquisitions advisory ranks, gaining market share as the total domestic M&A market has soared. Page 9


Undaunted by volatile markets overseas, Bankers Trust plans July 1 to launch two international equity mutual funds. Page 11


Merrill Lynch's vice chairman fired a shot at on-line discount brokerages, calling do-it-yourself Internet trading a threat to consumers. "Our strategy is to create value for our clients," John L. Steffens says. "Companies that simply provide information won't create much value." Page 15


The one-upmanship between Visa U.S.A. and MasterCard International in debit cards has spilled over into the advertising realm. Page 12


ON-LINE BANKING: Bank of America's electronic bill payment capabilities helped it snag top honors in a recent ranking of Internet banking services. Page 14

NationsBank wants doctors to leave claims processing to the bank. Page 14


Columbia, Mo.-based Shelter Mutual Insurance Co. became the latest insurer seeking to launch a federal thrift. Page 24


Steps to shore up the Japanese yen may have helped stop a decline in the stock market, but did nothing to alleviate mounting concerns over $5.4 billion of Japanese banks' trustpreferred securities. Back page

Visa International named Malcolm Williamson, group chief executive of Standard Chartered PLC, to succeed Edmund P. Jensen as president and CEO. Back page


First Union, taking advantage of its purchase of CoreStates, plans to use CoreStates' global network to expand its worldwide capital market activities. Page 6

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.